Karl A. Thimm - Jan 26, 2022 Form 4 Insider Report for PCSB Financial Corp (PCSB)

Role: Director
Signature: /s/ Victor L. Cangelosi, pursuant to power of attorney
Stock symbol: PCSB
Transactions as of: Jan 26, 2022
Transactions value $: $1,233
Form type: 4
Date filed: 1/28/2022, 04:01 PM
Previous filing: Dec 23, 2021
Next filing: Feb 24, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PCSB	Common Stock						29K	Jan 26, 2022	Direct	F1
holding	PCSB	Common Stock						3.15K	Jan 26, 2022	By Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PCSB	Phantom Stock	Award	$1.23K	+65.7	+3.23%	$18.78	2.1K	Jan 26, 2022	Common Stock	65.7		Direct	F3
holding	PCSB	Stock Options						44.7K	Jan 26, 2022	Common Stock	44.7K	$18.27	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes shares of restricted stock which vest at a rate of 20% per year commencing on October 24, 2019.
F2	Stock options vest at a rate of 20% per year commencing on October 24, 2019.
F3	Each share of phantom stock is the economic equivalent of one share of common stock and becomes payable upon the reporting person's termination of service as a director.